...QUANTIFICATION When a baby is born, everybody comes and congratulate their parents by giving cards and gifts, but a person who will buy an expensive gift will considered as the most loving person. Isn’t it? When you give expensive gift to your girl friend for example ( branded perfumes, watches etc), she will think that you love her a lot and if you don’t give anything or something like flowers she will think you are a miser person because you are not spending your money on her and your love is fake. Don’t you think we quantify each and everything of our life? The issue which I have seen a lot in my life is “Love of Quantification” by it I mean that we look every single thing in quantifiable manner or in term of money. When you want an admission in University, the Institute will ask for your intermediate percentage (%), in-fact if your percentage would be low than 50 % they won’t allow you to participate in your examination. They don’t want to know about your skills or your knowledge but rather they quantify your skills and knowledge into percentage which I think it is not justifiable because there is a chance that you would be ill during your intermediate exams and you didn’t perform well. But in this world “who cares about you”? In this observation I would be discussing the problem i.e. love of quantification, the analysis of this topic “how it will effect our life” and conclusion. Analysis Lets start with the recent occasion “Eid-Ul-Azha”, when your bring a animal for sacrifice...
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...of business is economic and social regulation. I can’t think of how economic regulations affect me, but I do have friends that are affected because in order for them to enter a business they must have a license like working in a hair salon or becoming a lawyer. Social regulation affects me because I have to have a permit in order to carry a weapon. 2. Bundling is when you get two or more products for sale as a full set. When I bargain stop I look for deals and I receive my living room suit that was a seven piece for under $2000 dollars. 3. Natural monopoly occurs when a firm can supply the entire market lower price than two or more firms. This affects me because look to get the lower prices, but the goods or service has great quality. You cable television, trash collections, electric power are examples of natural monopoly. 4. Antitrust laws- One case of antitrust laws that I u because use is Microsoft because they bundled their Microsoft internet explorer with Microsoft Windows products. Antitrust is in place to protect the consumers and small businesses. 5. Relevant Product Market is determined by the demand-side, supply-side, and potential competition. This affects me because I tend to switch from one product to another depending on the price. Product and geographic market is determined when delimiting the relevant marketing. Chapter 28: 1. The supply and demand of labour determines the quantity and price which is the amount of people employed...
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...realistic synthetic voice that has a low production cost, saving individuals a significant amount of money and frustration. Although Will has sizable skills in technology and innovation, he lacks certain skills in running his new business, and how to sell a considerable amount of audio books. In this paper, I will introduce a few recommendations for Will’s company so he may increase revenue for the company, achieve ideal production levels, determine how fixed and variable costs should be adjusted to maximize profit, and identify methods to reduce costs. The first recommendation I would suggest to Will is to look and incorporate the laws of supply and demand. These laws conclude that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers will equal the quantity supplied by producers, resulting in an economic equilibrium of price and quantity. The price Will has set for the books that still have a current copyright and royalty fee are more expensive than those that have had the copyright lapse, but they still have sold more books. One recommendation, which is in agreement with Will’s friend Elsa, would be to raise prices, not significantly,...
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...I was born and raised in the United States, and in the U.S. there is an emphasis on career and economic advancement. Everyone seems to be more enthralled with their careers than taking care of their family and children. Americans have an obsession with output and quantifying things, this is what is often called a “masculine” culture. Conversations often start with “what did you DO today?” My mother is from Uruguay, a country where the wellbeing of the collective over the individual is emphasised. People spend more time with their children and look for meaning and purpose of life rather than emphasising wealth acquisition. People start conversations with “HOW was your day?” This is called a “feminine” culture, because they emphasize quality of life over quantity of material things. I think that education is valued pretty highly in both countries, but is handled differently because of their cultural values. In the U.S., education is driven by the competitive capitalist values, so there is a dollar amount attached to it. In Uruguay, education is seen as a collective necessity, so it is provided for free by the government (including university)....
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...of business is economic and social regulation. I can’t think of how economic regulations affect me, but I do have friends that are affected because in order for them to enter a business they must have a license like working in a hair salon or becoming a lawyer. Social regulation affects me because I have to have a permit in order to carry a weapon. 2. Bundling is when you get two or more products for sale as a full set. When I bargain stop I look for deals and I receive my living room suit that was a seven piece for under $2000 dollars. 3. Natural monopoly occurs when a firm can supply the entire market lower price than two or more firms. This affects me because look to get the lower prices, but the goods or service has great quality. You cable television, trash collections, electric power are examples of natural monopoly. 4. Antitrust laws- One case of antitrust laws that I u because use is Microsoft because they bundled their Microsoft internet explorer with Microsoft Windows products. Antitrust is in place to protect the consumers and small businesses. 5. Relevant Product Market is determined by the demand-side, supply-side, and potential competition. This affects me because I tend to switch from one product to another depending on the price. Product and geographic market is determined when delimiting the relevant marketing. Chapter 28: 1. The supply and demand of labour determines the quantity and price which is the amount of people employed...
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...Please introduce yourself. ( This will tell you how they start a conversation with a total stranger). Good morning/afternoon/evening, I just want to introduce myself first before I start this conversation and feel free to ask questions if I miss any information you want to know about me. I am polo santos, a 4th year marketing student, studying at the University of Santo Tomas. I live in Las Pinas and I spend my whole 22 years in this country. A pure Filipino citizen, who wants to talk and do business with professional people like you and if you don’t mind can you tell something about yourself? Thank you. 2. What are your strengths and weaknesses ? And upon identifying them, what do you think are your strengths that would make you a good sales person? ( This tells you if the person really knows how to identify his strengths) I am a jolly, flexible, work dedicated and an independent person who wants to deal and do business with professionals. I am also a workaholic and a person who looks for deadlines that makes me cram and feel stress. Being a jolly and flexible person makes me capable in dealing with people and catches their attention which makes them feel comfortable with me. Because I find ways by myself for me to enjoy the task or job that is given to me, I am able to do it effectively and efficiently. With these factors, I can use them as an edge and an opportunity that in dealing with people will make me a better and professional marketer. 3. If you say...
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...is based on a wide range of arguments based on bates over abortion. One of the arguments I found that I did not agree with was when he stated, “ It’s a quantity of life versus quality of life issue” (Loher, 2011). I feel that no matter how many humans there may be in the world at one point in time, that should not factor the life of one human being. There are many issues that I am able to see both sides of when it comes to abortion, but with this topic I cannot see any reason behind this argument. The reason I feel this way is because no matter the economic level of a family, they can still be happier then the richest family in the world. According to Census 2010: Household Size Trends, the average household size in 1970 was 3.25. In 2011 it was 2.61(Cohn, 2011). What I am trying to show it that abortions were not as common in 1970 as they are today, and the household rate is still much lower. This is also taking into consideration that in today’s society, it is much more socially accepted for a married couple to decide to not have any children. I guess what I am trying to say is even if we added in what the household size would have been for a woman if they chose not to have an abortion; the household size still would have decreased. If families were able to live just fine with the quality of life they had in the 1970s, I don’t see a reason why we wouldn’t today. Another way to look at this information is seeing it from an employer’s perspective. If women decided not to...
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...part of our lives I will be discussing how certain areas of economics affects my life these will include principles 2, 4 and 5of economics. I will discuss how supply and demand and consumer surplus are used in most areas of my life. My Economics class has given me a better understanding of how important economics is to our daily lives. How Economics is used in my daily life There are 10 principles of economics and all of them are used in our lives but for the purpose of this paper I will be discussing how three are used in mine. Principle 2- Opportunity cost “Because people face trade-offs, making decisions requires comparing the costs and benefits of alternative courses of action.” (Cleverley, Song, & Cleverley, 2011) This principle refers to what you have to give up in order getting what you want. For example, you can choose to study for an exam or be with family and friends. If you choose to study, your opportunity cost is quality time with family and friends. Opportunity costs do not always have a monetary value associated with them, rather, the cost is: anything of value to the person assessing the situation including energy and time. I have chosen to spend three years of my live to go to college for my Bachelors degree. This is costing me time with family and money. Will it be worth the opportunity cost? I believe it will. It will help me financially and with a better job with better benefits I will actually...
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...whole family can enjoy. More than ever before, fans in America can turn on their HDTVs and tune into their sporting event of choice. With such a large quantity of viewers glued to their TV sets, companies have begun paying top dollar to direct their advertisements at sports enthusiasts. Commercials relating to sports have commonly been extremely successful and consumers purchase these companies products at an astounding rate. The problem I have with sports related advertisements specifically relates to the beer industry. These are some of the most profitable corporations and suck people in with multimillion-dollar commercials. These commercials are clever yet often deceitful. Beer commercials also air more frequently than that of nearly any other product. This gives viewers a constant reminder to purchase a product that, in fact, can be dangerous and detrimental to one's health. Beer commercials should be banned from televised sporting events because beer commercials make viewers believe they are dependent on alcohol consumption to enjoy watching sports. Watching televised sports is viewed as a social event. Gathering around the television with friends, living and dying with every pitch, is a rich part of the American culture and its tradition. These are the moments people look forward to. Spending time with ones closest friends while watching their favorite sports team is a way to escape the pressures of everyday life and enjoy professional sports at its finest. TV and sports...
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...friendship in adulthood * 2. Love relationship * Love * Importance of love relationships * Marriage * Conclusion * Reference List * Introduction The Best Man Holiday is an intriguing piece of art which explores the complexities of various forms of relationships within adulthood. It looks at how friendships can be broken and repaired, aspects of marriage, love and trust. It looks at the tight ropes that get walked within cross-sex friendships and many more aspects of the functioning and importance of relationships in adulthood and ageing. The movie is a sequel to The Best Man and is set within the Christmas season. At this stage many relationships are strained between the individuals who have been the closest of friends since their college days, the strain being a result of events that happened a few years prior. The friends get together at the home of their football star friend, Lance Armstrong, mainly due to the common love and respect they have for his wife Mia; as she is the anchor that keeps them all together. As the movie unfolds, many elements of relationships and their importance are explored, in turn, as I touch on the different themes going forward in this...
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...CJ 1130 Criminal Evidence Project Directions: Answer the following scenarios utilizing the Ohio Rules of Evidence or the Federal Rules of Evidence. Respond to each scenario using the formula detailed in class: 1) respond to the question 2) state the pertinent rule or concept, and 3) correctly apply the rule to the case. Papers must be word processed. No handwritten work will be accepted. Projects are due at the beginning of class on the day of your class meeting during the week beginning October 6, 2014. Due to the nature of the assignment, NO LATE PAPERS WILL BE ACCEPTED!!! Feel free to turn the project in early. 1. To impeach Walt Dipsey’s primary witness, the Evil Stepmother, Snow White plans to introduce testimony of seven diminutive witnesses in the neighborhood who will testify that the Evil Stepmother has a reputation for untruthfulness. On what basis can Dipsey exclude some of the witnesses? 2. Charles Foster Kane is arrested for possession of cocaine, which the prosecution asserts was contained in a “snowy” paperweight on Kane’s desk. The prosecutor offers as evidence a lab report stating, “The “snow” in the subject paperweight is 95% pure cocaine hydrochloride.” Is the report hearsay? Why or why not? 3. Peter Pan gives John, Wendy and Michael fairy dust to fly. He is arrested on narcotics charges. Wendy is called as a witness at trial. She can’t remember exactly what happened, but, when she is shown some notes she made at the...
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...1. T.S Elliot’s “The Love Song of J. Alfred Prufrock has a variety of metaphors that give great meaning to the poem. One line in particular that speaks out to me is line 51: “I have measure out my life with coffee spoons”. For instance the metaphor of “measuring out life with coffee spoons” might be interpret as living his own life very carefully in small quantities. Also thinking twice of the life decisions he might make. When I think of this line, I think of someone who is precise and analytical to each decision they make because measuring life and knowing how much you need of something might be a good thing in someone’s life. The metaphor itself leaves me thinking about my own personal life and what bad things to eliminate from my life to obtained a well-measure, organized life of my own. 2....
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...incapable of producing happiness, to reduce unhappiness. As the theory is wholly focused on the outcome of a person’s actions, it is classed as a “consequentialist” theory, i.e. a theory that concerns it with consequences and not actions in themselves. Utilitarianism can be seen as a highly mathematical theorem, looking at the total units of happiness that a particular action gives rise to. For instance, I might want to go out and have drinks with some friends and my boyfriend or I could find something more family oriented and do something fun with my son and my boyfriend. Consider that my son is only little for a short time, would I rather have drinks and regret the hang over later or share a memory with my little boy. Taking my son out for a night might add 10 units of happiness to the world’s total stock, whereas going out for drinks would only add a total of 6. Certainly, the latter would make a greater quantity of people happy (the former only benefiting one person), but it is the quantity of happiness produced that is of the first importance to utilitarianists. But let us look more closely at Bentham’s utilitarianism. To understand his approach more fully, it is vital that one come to an appreciation...
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....Microeconomics Assignement 1 1. a. Define opportunity cost, and explain its importance in economics. (3 marks) Opportunity cost refers to what you must give up (trade off) to obtain some item. It represents the forgone opportunities. It is very important to all of us; it helps and guides our decisions in life. For every decision made, no matter the circumstances; work, school, business, life in general, we incurred a cost, the opportunity cost, what we must give up to obtain the chosen good. The opportunity cost of an item is the weight of another item from those that society have to trade off or give up in order to obtain it, that is the way that society allocates its scarce resources. ALSO, OPPORTUNITY COST IS VERY IMPORTANT FOR THE THEORY OF COMPARATIVE ADVANTAGE AND TRADE. -1 MARK. b. The province of British Columbia hosted the 2010 Olympic Games and invested millions of dollars in improvements to facilities for these events. How would one determine the opportunity cost of the 2010 Olympic Games? (4 marks) The opportunity cost for BC to host the games could be determine by evaluating and comparing what the province could do with the funds (tax payers money) and time that it will invest in the games against, the benefits that could bring to the to the province if BC against the benefits that that money and time will create if invested differently. In one hand the province could add all the benefits that the games will bring to the province; benefits such as increase...
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...cannot effectively create a trendy counterculture image. Sears and Wal-Mart do not solely devote time to the fashion business. They sell clothes because it is a necessity everyone has and to make money. That is their main goal. In doing so, they are like a high school teenager. They see a fashion trend in the magazine or in their case, big corporation see what the leading fashion industries are buying and follow suit. Then they mass produce that look, using cheap materials and most of the time the craftsmanship is poor. People interested in being trendy want to make a statement about who they are and are out and be different. The clothes sold at Sears and Wal-Mart is available to everyone and is not in any way unique. 2. Could the big box stores sell merchandise identical to Urban Outfitters? Explain your answer. Wal-Mart and Sears are unable to sell merchandise identical to Urban Outfitters because they mass produce there items and the clothes are often poorly made with low end quality material. They focus more on quantity instead of quality to meet the highest profitability. Urban Outfitters sell their merchandise for a higher price and sell a smaller amount of items to turn a profit; Sears and Wal-Mart must sell a significant amount more to make the same profitability. Also, Urban Outfitters makes sure they have the current trends, Sears and Wal-Mart stores are just behind the curve when it comes to fashion. 3. Identify at least three reasons why exclusivity...
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